Evidence on Structural Instability in Macroeconomic Time Series Relations
نویسندگان
چکیده
منابع مشابه
Evidence on Structural Instability in Macroeconomic Time Series Relations
An experiment is performed to assess the prevalence of instability in univariate and bivariate macroeconomic time series relations and to ascertain whether various adaptive forecasting techniques successfully handle any such instability. Formal tests for instability and out-of-sample forecasts from 16 different models are computed using a sample of 76 representative U.S. monthly postwar macroec...
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ژورنال
عنوان ژورنال: Journal of Business & Economic Statistics
سال: 1996
ISSN: 0735-0015
DOI: 10.2307/1392096